Market research

Linseed oil-cake market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The linseed oil-cake market in Finland expanded significantly from 2018 to 2021, with volume rising from 488 t to 981 t. This growth was initially supported by a broader energy transition that began reshaping Finland's oil dependency, creating indirect demand for biofuel feedstocks like linseed oil. The introduction of a biofuel blending mandate for heating and machinery in 2021 directly stimulated production, as linseed oil extraction increased to meet biofuel targets, thereby boosting oil-cake output as a by-product.

After the sharp rise in 2021, the market volume moderated, dipping slightly to 942 t in 2022 before stabilizing around 947 t in 2023. This period reflected a market adjustment following the earlier regulatory push, with consumption levels holding steady despite the absence of new immediate drivers.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. Annual dynamics of production in Finland in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Finland in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production linseed oil-cake in Finland

In kind, 2017-2020, t

Top producers of linseed oil-cake, 2017-2020

Source: SHEV.io

World map of production of linseed oil-cake, 2017-2020

Source: SHEV.io

Finland's linseed oil-cake production has grown for the third year in a row. In 2020, the country produced 663.9 tonnes, marking a modest year-over-year increase of 3.9%. Looking at the broader period from 2017 to 2020, production surged by 61.5%, which translates to an average annual growth rate of 17.3%.

Annual dynamics of production in Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.9%	51.0%	3.9%	17.3%

Source: SHEV.io

Exports linseed oil-cake from Finland

Exports in kind, t

Finland's exports of linseed oil-cake remained unchanged in 2020, with no shipments recorded. Compared to 2019, there was no significant change. Over the period from 2017 to 2020, exports saw a dramatic increase of 1 033.3%, averaging an annual growth rate of 124.6%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	124.6%

Source: SHEV.io

From 2017 to 2020, Norway was the nearly exclusive buyer of linseed oil-cake from Finland, accounting for 91.9% of total exports by volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, Finland's linseed oil-cake exports totaled 0.2 thousand US dollars, showing little change from the previous year. Between 2017 and 2020, export value jumped by 496.9%, with an average annual increase of 81.4%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	81.4%

Source: SHEV.io

During 2017–2020, Norway and Hong Kong dominated Finland's linseed oil-cake exports in value terms, together making up 100.0% of the total.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in value, 2017-2020

Source: SHEV.io

Imports linseed oil-cake to Finland

Imports in kind, t

The import volume of linseed oil-cake into Finland showed notable fluctuations over the period. In 2018, imports hit their lowest point at 65.0 tonnes, while the peak was in 2017, with a threefold difference between these years. In 2020, imports stood at 116.9 tonnes, a sharp decline of 26.2% compared to 2019. The largest decrease occurred in 2018, at 66.6%, while the biggest increase was in 2019, at 143.7%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(66.6%)	143.7%	(26.2%)	(15.6%)

Source: SHEV.io

From 2017 to 2020, Sweden was the primary source for Finland's linseed oil-cake imports by volume, representing 99.2% of the total.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Finland's linseed oil-cake import value experienced volatility from 2017 to 2020. The lowest point was in 2018 at 42.1 thousand US dollars, with the peak in 2017, showing a 2.6-fold gap. In 2020, imports amounted to 81.7 thousand US dollars, down 16.3% from the previous year. The most significant drop was in 2018 at 62.1%, while the largest rise was in 2019 at 131.8%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US